In 2019 till date, PE, VC investment in the sector has been Rs 2.1 crore, in one deal. :
The country’s electric vehicle (EV) industry is expected to see higher interest from private equity and venture capital (PE, VC) investors. Venture Intelligence, that tracks these things, says PE, VC investment in the EV space was $23 million (Rs 160 crore) in 2018, in two deals, compared to $3 million (Rs 21 crore) from three deals in 2017.